Lend Lease Awarded State-of-the-Art Healthcare Center by Department of Veterans Affairs

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Jul 31, 2013, 10:31 ET

NEW YORK, July 31, 2013 /PRNewswire/ -- Lend Lease, one of the world's largest social infrastructure providers, has been selected by the Department of Veterans Affairs (VA) to design, build, and manage a new VA Healthcare Center in Kernersville, North Carolina. The 280,000 net usable square feet (NUSF), four-story healthcare center with more than 1,900 parking spaces, will provide primary and mental healthcare to Veterans. Services will include dental, diagnostic, laboratory, pathology, radiology, as well as other ancillary services.

"Lend Lease is honored to be awarded the opportunity to design, build, and manage this project for our country's heroes", said Gary Buechler, Lend Lease Development Inc., Managing Director. "As a national leader in healthcare development, we have the experience and expertise to deliver a world class facility for VA, and I am extremely proud to know that Lend Lease will create the best healthcare facility possible for our nation's Veterans".

The healthcare center is designed by Perkins Eastman, a leading international planning, design, and consulting firm with a focus on designing healthcare facilities. Perkins Eastman has incorporated many sustainable design features to the healthcare center, and the center is designing to LEED Gold status upon project completion. The project is scheduled to be completed in the fall of 2015.

The healthcare center, which will treat an estimated 34,000 veterans annually, will be located in the Piedmont Triad metro area. This area encompasses the cities of Greensboro, High Point, and Winston-Salem, which is home to more than 150,000 Veterans and is the largest concentration of Veterans in the state of North Carolina. The Kernersville site was chosen for its centralized location and convenience of access for the greatest number of Veterans.

"The new facility will ensure that North Carolina's Veterans continue to have world-class medical care that they've earned through their service to our Nation," said VA Mid-Atlantic Healthcare Network Director Daniel F. Hoffman. "The facility will be equipped with the finest diagnostic capabilities and will be designed to be maximally Veteran centric".

VA operates the nation's largest integrated healthcare systems in the country. VA's healthcare network includes 152 major medical centers and more than 800 community-based outpatient clinics.

Lend Lease is a worldwide leader in the creation of healthcare facilities ranging from the $2.2 billion Royal Children's Hospital in Australia, to the $700 million Queens Hospital in the United Kingdom. In the Americas region, Lend Lease has developed and acquired more than 5.4 million sf of healthcare real estate. In addition Lend Lease has completed over 1,500 healthcare projects in the Americas, valued at more than $15.5 billion, and has managed over 85 million sf healthcare dedicated construction projects. Lend Lease has more than 160 dedicated healthcare professionals, and has completed healthcare projects in 42 states and the District of Columbia.

About Lend Lease:

Lend Lease is a leading international property and infrastructure group. Listed on the Australian Securities Exchange and with circa 19,000 employees worldwide, the firm's capabilities span the property and infrastructure spectrum.

The Americas region, headquartered in New York, offers project management & construction, public partnerships, development, asset and property management. Our expertise covers multiple sectors including arts & culture, commercial office, education, government, healthcare, hotels & resorts, industrial, military housing communities, mixed-use, multi-site, pharmaceutical, senior living, solar, transportation and aviation.

We are committed to operating property solutions while forging partnerships and delivering maximum benefits to clients, investors and communities. Safety is our number one priority and Lend Lease is committed to operating Incident & Injury Free wherever we have a presence.

www.lendlease.com

SOURCE Lend Lease